• Confidence in Housing as an Investment Rises

    2 monthes ago - By RIS Media

    With appreciation climbing and equity growing, homeownership is the investment to make-and according to new research, Americans believe it is a solid vehicle for wealth.
    Sixty-five percent of respondents to a survey by the Federal Reserve Bank of New York believe buying a home is a “somewhat good” or “very good” investment; less than 11 percent believe it is “bad.” Among buyers, the likelihood of a purchase is 63.9 percent, a slight uptick from 63.6 percent in 2017.
    The confidence is considerable among Americans who have a Bachelor's degree or higher, an income of $60,000 or higher, and/or...
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